Wabash National Corp. (NYSE: WNC) is -23.81% lower on its value in year-to-date trading and has touched a low of $18.59 and a high of $30.07 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WNC stock was last observed hovering at around $19.27 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $19.52, the stock is -8.83% and -8.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.8 million and changing 1.30% at the moment leaves the stock -18.48% off its SMA200. WNC registered -17.22% loss for a year compared to 6-month loss of -24.66%.
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The stock witnessed a -5.24% gain in the last 1 month and extending the period to 3 months gives it a -17.36%, and is -6.47% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.84% over the week and 3.98% over the month.
Wabash National Corp. (WNC) has around 6700 employees, a market worth around $858.88M and $2.29B in sales. Current P/E ratio is 5.98 and Fwd P/E is 11.16. Profit margin for the company is 6.66%. Distance from 52-week low is 5.00% and -35.08% from its 52-week high. The company has generated returns on investments over the last 12 months (15.74%).
The EPS is expected to shrink by -68.60% this year
The shares outstanding are 45.39M, and float is at 42.70M with Short Float at 19.57%.
Wabash National Corp. (WNC) Insider Activity
The most recent transaction is an insider sale by Sudhanshu Priyadarshi, the company’s Director. SEC filings show that Sudhanshu Priyadarshi sold 1,010 shares of the company’s common stock on Feb 27 ’24 at a price of $27.06 per share for a total of $27331.0. Following the sale, the insider now owns 6386.0 shares.
Wabash National Corp. disclosed in a document filed with the SEC on Feb 08 ’24 that Magee Larry J (Director) sold a total of 17,897 shares of the company’s common stock. The trade occurred on Feb 08 ’24 and was made at $25.80 per share for $0.46 million. Following the transaction, the insider now directly holds 96249.0 shares of the WNC stock.
Still, SEC filings show that on Feb 07 ’24, Magee Larry J (Director) disposed off 3,086 shares at an average price of $26.50 for $81779.0. The insider now directly holds 114,146 shares of Wabash National Corp. (WNC).
